/EOS SL1
Canon Q1 2017 Results: Canon Raises Annual Profit Outlook

Canon Q1 2017 Results: Canon Raises Annual Profit Outlook

By Canon Rumors | April 26, 2017 | Canon Business General

From Reuters:

Japan’s Canon Inc on Wednesday lifted its full-year operating profit forecast after reporting strong first-quarter results on the back of earnings from a medical equipment unit it bought from Toshiba Corp last year.

The camera and printer maker forecast profit of 270 billion yen ($2.43 billion), up from 255 billion yen estimated in January. It reported profit of 228.9 billion in the previous twelve months.

The upbeat outlook suggests Canon’s strategy to diversify has begun to reward the company after the $5.8 billion acquisition of the Toshiba unit and the $2.8 billion takeover of Swedish video-surveillance firm Axis AB.

Canon also said the two existing businesses that have long dragged its earnings – laser printers and cameras – are also showing signs of bottoming out.

A recovery in the Chinese and other emerging economies is pushing up demand for laser printers, while continued popularity of so-called mirrorless cameras is driving camera sales, Executive Vice President and Chief Financial Officer Toshizo Tanaka said at an earnings briefing.

For the January-March quarter, Canon said operating profit jumped 88.8 percent to 75.67 billion yen from 40.09 billion yen a year earlier. Read the full story

Review: Canon EOS 77D By TDP

Review: Canon EOS 77D By TDP

By Canon Rumors | April 25, 2017 | Canon Reviews

Bryan at The-Digital-Picture has completed his review of the Canon EOS 77D. In true Canon fashion, it’s not a segment leader on the spec sheet, but it’s definitely a DSLR you should consider if your budget for a body is around $900.

From The-Digital-Picture

The 77D is positioned mid-level, as step up from the Rebel series cameras, yet remaining decidedly below the 80D in Canon’s lineup, targeting moderately serious non-professional photographers. While I’m sure that Canon is trying to better differentiate this model from the Rebels, it is still primarily a Rebel in my mind. It has the same size and shape along with nearly identical features as the announced-at-the-same-time Rebel T7i. However, the few feature differentiators are valuable, making it a better choice for most photographers – as long as the higher price tag does not trip up this decision.

From an upgrade perspective, the pair of new AF systems (45 pt traditional phase detection system and Dual Pixel AF system) alone make the 77D a great upgrade from the Rebel T6s. A faster frame rate and greatly increased RAW image buffer depth are also very-welcomed improvements. Read the full review

Buy the Canon EOS 77D: B&H Photo | Amazon // Rent the Canon EOS 77D: Lensrentals.com

Sony a9 Mirrorless Camera Now Available for Preorder

Sony a9 Mirrorless Camera Now Available for Preorder

By Canon Rumors | April 21, 2017 | Third Party Cameras

You can now preorder the brand new Sony a9 mirrorless camera. Shipping is expected to happen closer to the end of May.

Lots of Canon shooters tend to use Sony’s full frame mirrorless cameras as part of their kit and that will probably continue with the a9.

Preorder the Sony a9 Mirrorless Camera at B&H Photo

Canon Product Advisory: EOS C300 Mark II/EOS C300 Mark II PL Malfunction with VPG130 CFast Card

Canon Product Advisory: EOS C300 Mark II/EOS C300 Mark II PL Malfunction with VPG130 CFast Card

By Canon Rumors | April 20, 2017 | Canon Firmware

Workaround for Malfunction During Use of VPG130 CFast Card

For EOS C300 Mark II/EOS C300 Mark II PL Digital Cinema Cameras equipped with firmware Version 1.0.6.1.00, we have confirmed a phenomenon in which, depending upon the usage conditions, the camera freezes when a VPG 130 CFast card is used simultaneously with a non VPG130 CFast card.

We are currently making preparations to correct this phenomenon with the release of a firmware update in mid-May. In the meantime, please use the method described in the workaround below.

We sincerely apologize for the inconvenience caused to customers, and we ask for your ongoing patience.

Read more…

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